In 2023, the European turnover for renting and leasing of air transport equipment showed notable variation. France remained the leader with a 3.57% increase, while the United Kingdom saw a 2.83% rise. Among the top contributors, Spain performed impressively with an 11.92% increase, and Belgium grew significantly by 32.04%. Conversely, Austria and Italy experienced declines of 13.98% and 13.4%, respectively. Portugal's turnover surged by 54.02%, highlighting a future growth trend. Malta and Bulgaria also showed robust growth rates of 9.54% and 9.67%, respectively.
Looking beyond 2023, noteworthy trends include a potential uptick in markets like Slovenia with a 31.95% growth and Romania at 14.87%. Markets with slower growth or declines may require strategic adjustments.
Future trends to watch for include:
- Expected continuous growth in emerging markets like Belgium, Portugal, and Slovenia.
- Potential recovery strategies in countries experiencing a downturn such as Austria and Italy.
- Technological advancements and policy changes impacting regional turnovers.
Top countries in Turnover of Renting and Leasing of Air Transport Equipment Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 34.94 | 2023 | +4.03% | +3.57% | View data |
| 2 | 2 United Kingdom | 21.32 | 2023 | +4.85% | +2.83% | View data |
| 3 | 3 Spain | 12.34 | 2023 | +10.25% | +11.92% | View data |
| 4 | 4 Norway | 7.51 | 2023 | +18.4% | +5% | View data |
| 5 | 5 Germany | 6.87 | 2023 | +7.67% | -1.07% | View data |
| 6 | 6 Malta | 4.97 | 2023 | +7.71% | +9.54% | View data |
| 7 | 7 Sweden | 4.62 | 2023 | +10.45% | +2.75% | View data |
| 8 | 8 Belgium | 4.23 | 2023 | +9.58% | +32.04% | View data |
| 9 | 9 Austria | 4.03 | 2023 | -0.67% | -13.98% | View data |
| 10 | 10 Luxembourg | 2.04 | 2023 | -0.31% | -0.88% | View data |
